Meet Collectable — the app that will let you own a piece of all your favorite sports memorabilia. It’s a little known fact that sports collectibles have significantly outperformed the S&P 500 and other asset classes over multi-year investment horizons. So while others are looking at traditional stocks or crypto as precious assets, the Collectable App sets their sights on the most iconic sports memorabilia as the new frontier of investment ventures.
Up for grabs is Kobe Bryant’s personal pair of game-worn French Blue Air Jordan 12 Retros. There are only two pairs of these sneakers in existence, making them ultra rare. This coveted piece of sports history carries immense value as it symbolizes two of the greatest — Michael Jordan and Kobe Bryant. Both sides of the sneaker are signed by Kobe and show wear from when the Lakers played against their longtime rivals, the Boston Celtics, on December 28, 2003. Now, with the Collectable App, you can own a personal share in the Mamba’s iconic history.
The way the Collectable App works is similar to the traditional stock market. Essentially, Collectable has made a platform that has created a marketplace for the sports memorabilia industry. Collectable takes sought after sports memorabilia and turns them into SEC approved commodities for fans to invest in. Some of these pieces are worth millions, but share prices start at around $5 or $10, making it easy to get in on the booming sports memorabilia market.
Collectable features a variety of sports and collectibles to choose from. Everything from prized players cards to game-worn jerseys can be found on the app. As you can imagine, Kobe memorabilia is experiencing a big boom, with a rookie game worn jersey recently selling for $3.69 million.
The Kobe Bryant Game-Worn French Blue Air Jordan 12 Retros are currently valued at $89,000 and fans will be able to purchase shares for $10 each. The IPO is available now, all you have to do is download the Collectable App and create an account to get started.